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Interest Invoices - Payables

edited Oct 28, 2020 12:13PM in Payables, Payments & Cash Management 1 comment

Summary

Different Interest Rates to different Suppliers and Interest tiers

Content

In Fusion Payables, we do have a flexibility to generate interest invoices when an overdue invoice is paid via PPR / Quick payment. I have a scenario where the interest rates differ from supplier to Supplier, but in the manage Interest Rates we can have only single Interest Rate for any date / date ranges and there is no flexibility to map interest rates at Supplier definition. In addition we are looking for interest tiers i.e. if the overdue amount is from 10 to 100 then interest rate is 10 % and if the overdue amount is from 100 to

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